"Executive Summary Digital Workplace Market: Growth Trends and Share Breakdown

CAGR Value

Global digital workplace market size was valued at USD 49.52 billion in 2024 and is projected to reach USD 246.26 billion by 2032, with a CAGR of 22.20% during the forecast period of 2025 to 2032.

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Digital Workplace Market Summary

Segments

• Based on Component: Solutions, Services
• Based on Organization Size: Small and Medium-Sized Enterprises (SMEs), Large Enterprises
• Based on Deployment Mode: Cloud, On-Premises
• Based on Vertical: Banking, Financial Services, and Insurance (BFSI), Healthcare and Life Sciences, Retail and Consumer Goods, Manufacturing, IT and Telecommunications, Others

The global digital workplace market is segmented based on several key factors. One of the primary segmentation criteria is the component, where the market is divided into solutions and services. Solutions segment include software and tools that enable digital collaboration, workplace mobility, and virtual communication, while services segment involves consultancy, implementation, and support services provided by vendors to ensure the smooth functioning of digital workplace solutions. Another crucial segmentation factor is organization size, with the market catering to both small and medium-sized enterprises (SMEs) and large enterprises. The deployment mode is also a significant segmentation criterion, with options such as cloud-based and on-premises digital workplace solutions available to organizations. Moreover, the market is segmented based on verticals, including BFSI, healthcare, retail, manufacturing, IT, and telecommunications, among others.

Market Players

• IBM Corporation
• Microsoft Corporation
• VMware, Inc.
• Cisco Systems, Inc.
• Citrix Systems, Inc.